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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ALSN
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Green day on Monday for Allison Transmission Holdings Inc stock after gaining 1.05%
(Updated on May 06, 2024)

Sell candidate since Apr 26, 2024 Gain 0.47% PDF

The Allison Transmission Holdings Inc stock price gained 1.05% on the last trading day (Monday, 6th May 2024), rising from $74.06 to $74.84. During the last trading day the stock fluctuated 1.23% from a day low at $74.18 to a day high of $75.09. The price has risen in 7 of the last 10 days but is still down by -5.41% for this period. Volume fell on the last day by -109 thousand shares and in total, 593 thousand shares were bought and sold for approximately $44.39 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $72.51 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 15.71% during the next 3 months and, with a 90% probability hold a price between $83.90 and $100.01 at the end of this 3-month period.

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ALSN Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Allison Transmission Holdings Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $79.06. On a fall, the stock will find some support from the short-term average at $74.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, April 08, 2024, and so far it has fallen -9.37%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Allison Transmission Holdings Inc stock

Allison Transmission Holdings Inc finds support from accumulated volume at $74.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.92 between high and low, or 1.23%. For the last week, the stock has had daily average volatility of 2.22%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ALSN) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Allison Transmission Holdings Inc to open at $74.70, and during the day (based on 14 day Average True Range), to move between $72.82 and $76.86, which gives a possible trading interval of +/-$2.02 (+/-2.70%) up or down from last closing price. If Allison Transmission Holdings Inc takes out the full calculated possible swing range there will be an estimated 5.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $74.49 (0.47%) than the resistance at $75.33 (0.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Allison Transmission Holdings Inc stock A Buy?

The Allison Transmission Holdings Inc stock holds several negative signals and despite the positive trend, we believe Allison Transmission Holdings Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.000 Sell Candidate Unchanged

Predicted Opening Price for Allison Transmission Holdings Inc of Tuesday, May 7, 2024

Fair opening price May 7, 2024 Current price
$74.70 ( 0.185%) $74.84

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ALSN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 75.62 1.04 %
R2 75.27 0.571 %
R1 75.05 0.282 %
Current price: 74.84
Support S1 74.35 -0.652 %
S2 74.14 -0.94 %
S3 73.79 -1.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 81.16 8.44 %
R2 76.08 1.66 %
R1 75.33 0.655 %
Current price 74.84
Support S1 74.49 -0.468%
S2 71.75 -4.13%
S3 70.10 -6.33%

ALSN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 01, 2024 Mar 15, 2024 $0.250 0.332%
2 Nov 02, 2023 Nov 10, 2023 Nov 30, 2023 $0.230 0.430%
3 Aug 03, 2023 Aug 11, 2023 Aug 31, 2023 $0.230 0.380%
4 May 03, 2023 May 12, 2023 May 31, 2023 $0.230 0.486%
5 Feb 23, 2023 Mar 03, 2023 Mar 17, 2023 $0.230 0.549%

FAQ

What is the symbol for Allison Transmission Holdings Inc Stock and on which exchange is it traded?
The symbol for Allison Transmission Holdings Inc is ALSN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Allison Transmission Holdings Inc Stock?
The Allison Transmission Holdings Inc stock holds several negative signals and despite the positive trend, we believe Allison Transmission Holdings Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Allison Transmission Holdings Inc Stock?
Allison Transmission Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Allison Transmission Holdings Inc Stock.

What's the current price of Allison Transmission Holdings Inc Stock?
As of the end of day on the May 06, 2024, the price of an Allison Transmission Holdings Inc (ALSN) share was $74.84.

What is the 52-week high and low for Allison Transmission Holdings Inc Stock?
The 52-week high for Allison Transmission Holdings Inc Stock is $95.57 and the 52-week low is $69.42.

What is the market capitalization of Allison Transmission Holdings Inc Stock?
As of the May 06, 2024, the market capitalization of Allison Transmission Holdings Inc is 6.547B.

When is the next earnings date for Allison Transmission Holdings Inc?
The upcoming earnings date for Allison Transmission Holdings Inc is Jul 25, 2024.
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About Allison Transmission Holdings Inc

Allison Transmission Holdings Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. It offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, min... ALSN Profile

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